COVELO FLATS Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto

Porto, Porto, Portugal

For Sale

€320,000

REF: 839823 €320,000


2

2

84 m2

Description

COVELO FLATS Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto. This development combines urban convenience with the serenity of the adjacent park, the historic Quinta do Covelo (public park), next to the Filipa de Vilhena and Covelo schools, in the vicinity of Rua de Faria de Guimarães, Constituição and Campo Lindo.

Covelo Park is an ideal choice for students, professionals and families. The COVELO PARK residential condominium has a unique location, facing Covelo Park. The Covelo Park with about 8 hectares is the result of the old Quinta de Paranhos, bought in the twentieth century by a merchant, José do Covelo, who gave it its current name.

The farm was donated to the CMP, which manages the space available to the public. In 1987/88 the farm was restored from a project by Arqt. Castro Calapes, with the Children's Park being a project by the architect Célia Peralta. It also houses an environmental education center and a dog park - a delimited area with urban furniture and some very pleasant and frequented facilities.

Quinta do Covelo is a green space, with about 8 hectares, located in the northern part of the city of Porto, located in the parish of Paranhos and bounded by Faria Guimarães and Bolama streets, Monte de São João street and alley and part of Álvaro de Castelões street. The car park is located in the middle of an old residential area, very close to the exit of the VCI/IC23/A20.

There are also several STCP bus routes serving two stations of the Porto Metro Line D (Hospital de S. João - Santo Ovídio), Marquês and Combatentes. Strategic Location Located close to the main faculties, the São João Hospital and with easy access to public transport, such as the Metro, Its proximity to schools, parks and expressways makes it a great option for both own housing and investment, standing out for its potential for continuous appreciation.

General features: Flooring in Swiss Krono floating flooring or equivalent in the dry areas (living room and bedrooms); False ceilings in plasterboard (water-repellent plasterboard in wet areas); Lacquered MDF carpentry; Built-in wardrobes; Portrisa security doors or equivalent; Anodized aluminum exterior frames with double glazing and thermal cut; LED projectors; Video intercom; Heating of sanitary water by heat pump; Pre-installation of air conditioning; Soundproofing; Insulation between adjoining dwellings in thermal block Interior walls in plasterboard and insulation Sanitary Facilities Sandidusa suspended sanitary ware or equivalent; Built-in washbasin Valadares or equivalent; Porcelain mosaic shower; Single-lever mixer taps OFA or equivalent; Porcelain mosaic flooring Kitchen/Laundry Equipped with Candy appliances or equivalent (Extractor Fan, Combined Fridge, Dishwasher, Ceramic Hob, Electric Oven); Porcelain mosaic flooring Telecommunications & Entertainment Cable Tv - Pre Installation; #ref: 120272
COVELO FLATS Next to the emblematic and historic Quinta do Covelo, another new and exclusive residential condominium consisting of 3 modern buildings is under construction in Porto. This development combines urban convenience with the serenity of the adjacent park, the historic Quinta do Covelo (public park), next to the Filipa de Vilhena and Covelo schools, in the vicinity of Rua de Faria de Guimarães, Constituição and Campo Lindo.

Covelo Park is an ideal choice for students, professionals and families. The COVELO PARK residential condominium has a unique location, facing Covelo Park. The Covelo Park with about 8 hectares is the result of the old Quinta de Paranhos, bought in the twentieth century by a merchant, José do Covelo, who gave it its current name.

The farm was donated to the CMP, which manages the space available to the public. In 1987/88 the farm was restored from a project by Arqt. Castro Calapes, with the Children's Park being a project by the architect Célia Peralta. It also houses an environmental education center and a dog park - a delimited area with urban furniture and some very pleasant and frequented facilities.

Quinta do Covelo is a green space, with about 8 hectares, located in the northern part of the city of Porto, located in the parish of Paranhos and bounded by Faria Guimarães and Bolama streets, Monte de São João street and alley and part of Álvaro de Castelões street. The car park is located in the middle of an old residential area, very close to the exit of the VCI/IC23/A20.

There are also several STCP bus routes serving two stations of the Porto Metro Line D (Hospital de S. João - Santo Ovídio), Marquês and Combatentes. Strategic Location Located close to the main faculties, the São João Hospital and with easy access to public transport, such as the Metro, Its proximity to schools, parks and expressways makes it a great option for both own housing and investment, standing out for its potential for continuous appreciation.

General features: Flooring in Swiss Krono floating flooring or equivalent in the dry areas (living room and bedrooms); False ceilings in plasterboard (water-repellent plasterboard in wet areas); Lacquered MDF carpentry; Built-in wardrobes; Portrisa security doors or equivalent; Anodized aluminum exterior frames with double glazing and thermal cut; LED projectors; Video intercom; Heating of sanitary water by heat pump; Pre-installation of air conditioning; Soundproofing; Insulation between adjoining dwellings in thermal block Interior walls in plasterboard and insulation Sanitary Facilities Sandidusa suspended sanitary ware or equivalent; Built-in washbasin Valadares or equivalent; Porcelain mosaic shower; Single-lever mixer taps OFA or equivalent; Porcelain mosaic flooring Kitchen/Laundry Equipped with Candy appliances or equivalent (Extractor Fan, Combined Fridge, Dishwasher, Ceramic Hob, Electric Oven); Porcelain mosaic flooring Telecommunications & Entertainment Cable Tv - Pre Installation; #ref: 120272
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Property on Map

#120272

Currency Exchange

Porto, Porto, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €320,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€320,000 £263,648 £275,024 £11,376
Property Price € €320,000
Minimum cost in the last six months £263,648
Maximum cost in the last six months £275,024
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,376

Porto, Porto, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €320,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€320,000 £263,648 £275,024 £11,376
Property Price € €320,000
Minimum cost in the last six months £263,648
Maximum cost in the last six months £275,024
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,376

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,376 more.

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